Tuesday - October 22, 2024
Foundations' Endowed Portfolios Produced Higher 2023 Returns, Rebounding From 2022 Lows, Council on Foundations-Commonfund Study Finds
September 06, 2024
WASHINGTON, Sept. 6 (TNSres) -- The Council on Foundations issued the following news release on Sept. 5, 2024:

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One-year returns recovered, OCIO use increased, gifts and responsible investing moderated

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In the improved market environment of 2023, average annual returns on endowed funds bounced back from the previous year for the 291 foundations surveyed in the annual Council on Foundations-Commonfund Study of Investment of Endowments . . .

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